Common use of Right to Examine Books Clause in Contracts

Right to Examine Books. 1. If the Employer fails to provide the revenue statement required by B. above within sixty (60) days of the due date, the Federation (or its designated accounting firm) shall have the right to examine the Employer’s books and records related to gross receipts, costs and net earned revenue. 2. At any time within three (3) years after a revenue statement is provided, the Federation (or its designated accounting firm) shall have the right to examine the Employer’s books and records related to gross receipts, costs and net earned revenue. 3. Such examinations shall be at the Employer’s expense. They shall be made during the Employer’s usual business hours at the location where the Employer maintains the books and records. 4. The Federation acknowledges that the Employer’s gross receipts, costs and net earned revenue constitute confidential trade information, and shall not communicate such information to others or use that information other than in pursuit of the enforcement of this Agreement.